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Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to Covid-19

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....ry requirements by Debenture Trustees due to Covid-19 1. In view of the situation arising due to Covid-19 pandemic, challenges arising out of the local restrictions placed by various state governments and representations received from the Debenture Trustees, SEBI had earlier provided relaxations in timelines for compliance with certain regulatory provisions of SEBI Circular No. SEBI/HO/MIRSD/CRAD....

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....1, 2021, as under: S.No. Regulatory requirements of SEBI circular dated November 12, 2020 Current timeline Extended timeline 1. Submission of reports/ certifications to Stock Exchanges as per clause 2.1 of the circular July 15, 2021 a. Asset Cover Certificate August 31, 2021 b. A statement of value of pledged securities August 31, 2021 c. A statement of value for Debt Service Res....

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